General Business News

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has announced an update to the entity ratings of TPL Corp Limited, a key holding company within the TPL Group. The update comes amidst TPL Corp’s strategic maneuvers in various sectors, includ...

Karachi: Hub Power Company (HUBC) announced that lenders have declared the Project Completion Date (PCD) for Thar Energy Limited (TEL) and ThalNova Power Thar (TN) as October 31, 2025. The completion of these 330MW coal-based projects marks a signific...

LAHORE: Service Retail (Private) Limited, a subsidiary of Service Industries Limited, has received its first credit ratings from the Pakistan Credit Rating Agency Limited (PACRA), highlighting the company's significant presence and influence in Pakist...

Karachi: Zong, a prominent player in Pakistan's technology sector, has announced a strategic partnership with Botnostic Solutions to integrate AI-powered human resource management tools into its Z SAIS Cloud platform. This collaboration is poised to e...

Karachi: Pakistan's listed banks reported a rise in profitability, recording Rs171 billion in the third quarter of 2025, reflecting an 8% increase year-on-year and a 2% rise quarter-on-quarter. The banks achieved these gains despite a decline in in...

Karachi: The Oil and Gas Development Company (OGDC) presented its first-quarter financial results for fiscal year 2026 in a briefing that revealed a strategic shift towards higher-risk exploration areas and significant improvements in financial collec...

Karachi: Cherat Cement Company Ltd. (CHCC) announced record annual earnings for fiscal year 2025, reaching PkR8.7 billion, marking a 58% increase from the previous year's PkR5.5 billion, according to an analyst briefing by AKD Securities Limited. This...